XRP/USDT – 30M – SELL

Next a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 1.3085152 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 1.3807 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Matching Low’ candle chart pattern is discovered. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.3807 – 1.4035 – 1.4332 – 1.3379 – 1.3369 – 1.27 —
1.350000000 – 1.357400000 —
34.531317877729 – 45.542780380067 —
– —
1.3807 – 1772413200

Trading Signals: CRYPTO – XRP – XRP/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –